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2024-12-14 12:42:33

This means that after 240 trading days, the overall increase multiple is about 115.8887 times, which is converted into the form of increase percentage, and the increase is (115.8887-1)×100\% = 11488.87\%.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?


Step 2: Substitute data for calculation.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.\begin{align*}


Substituting r = 0.01 and n = 240 into the above formula, we can get:F&=(1 + 0.01)^{240}\\If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?

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